Karl N. Snow, PhD

Summary

Karl N. Snow is a leading expert in finance and statistics. He is regularly retained to provide oral and written testimony in federal and state courts on asset valuation, economic and financial damages, materiality and causation, and statistical sampling, working on behalf of government, law firm, and corporate clients. Dr. Snow has significant experience as both a testifying expert and consulting economist in a wide range of high-profile matters involving financial securities, structured products, market manipulation, fund performance, discount rates, bankruptcy, contract claims, insurance coverage and valuation, and discrimination in mortgage and labor markets.

Prior to joining Bates White, Dr. Snow was a Senior Economist at Welch Consulting. He also served as Principal Economist in the Housing Analysis and Research group at Freddie Mac, and as Director at UBS Investment Bank (formerly UBS Warburg). In addition to his professional experience, Dr. Snow held professorships in the finance departments of the Kenan-Flagler Business School at the University of North Carolina-Chapel Hill and the Stockholm School of Economics, and in the economics department at Brigham Young University. He has taught courses and presented workshops on finance and economic topics at academic institutions in Europe and the United States.

Selected Experience

On behalf of Pfizer in bankruptcy proceedings of its subsidiary Quigley, submitted an expert report and testified in federal court on financial assets and insurance contracts proposed to be transferred to a 524(g) trust to cover Quigley's asbestos-related liabilities.

In the matter In re Garlock Sealing Technologies, LLC, submitted an expert report in federal court on the appropriate discount rate and the present value of the company’s asbestos-related liabilities.

In the matter In re TFT-LCDs Antitrust Litigation, submitted expert reports calculating damages on behalf of direct-action plaintiffs involved in price-fixing litigations in the United States, Asia, and Europe. Calculated damages on behalf of two OEM direct-action plaintiffs. Analyzed issues of pass-through overcharges at multiple stages of the supply chain.

Provided consulting analysis for a securities exchange on issues relating to high-frequency trading of financial securities.